So if you are correct that this bill would hurt patients by driving up costs, typically when one group is being hurt in the economy, somebody else is doing better.
Thus, much of the higher spending on pharmaceuticals is baked into insurance premiums.
So your testimony is this bill benefits Big Pharma and allows them to make more money. Is that right?
No one wants higher drug prices, and I think we need to look for creative solutions to lower them.
Much like everything in healthcare, the cost of drugs historically has risen faster than overall inflation.
Thank you, Madam Chair. Thank you to each of the witnesses. Welcome, Senator Grassley.
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